Avenir Capital: ‘Absolute Return Fund manager of the Year – Australia’, awarded by ACQ Global Awards July 2014
Private equity veteran Adrian Warner of Avenir Capital also received this accolade at the International Hedge Fund Awards in January and the Corporate Livewire Global Awards in May.
Over the last 11 years, ACQ (Acquisition Finance) magazine has established itself as the leading monthly title for the M&A advisory community, requested by over 106,000 senior executives in the market and providing them with a regular snapshot of industry activity that have taken place around the world.
Jake Robson, Editor in Chief of ACQ noted that “…Exceptional individuals, teams and firms across the marketplace represent the very best in their field from around the wo rld and truly deserve the accolade of being an ACQ Award winner.”
Adrian Warner, chief investment officer at Avenir Capital commented, ‘we were delighted when we were notified of this award; certainly this year good things do come in threes.” He continues that, “by being very selective and identifying low risk special situation investments in which there is a material disconnect between the underlying value and the price the market is asking us to pay, we delivered a 43% net return to investors in 2013 and have compounded our investor’s money at over 22% per annum since inception.”
Adrian Warner brings a private equity background to investing in international public equity markets allowing Avenir to distinguish itself from other fund managers. Avenir has a unique fee structure in which no fees are paid unless the fund delivers a 6% per annum return. Avenir does not borrow to invest and, in has held over 20% of the fund in cash over the past twelve months.
To view the winner’s list and read the supplement in full, visit: ACQ5.com